Sirius Investors: New 45.2% Liberty Stake Is Good News

By Income Hunter:Sirius XM (SIRI) stock might get a slight bump in value in the next few weeks because John Malone of Liberty Media (LMCA) appears to be buying up a lot of it. The Los Angeles Times reported that Malone's company now owns over 45% of Sirius. The paper reported that Liberty had managed to buy up at least 45.2% of Sirius's stock by May 8. Mr. Malone has been trying to get control of Sirius for quite some time. Last week, the Federal Communications Commission (FCC) stopped his previous effort by saying that Liberty needs to own at least 51% of Sirius to be able to take over the satellite radio network's licenses. Since he's been rebuffed by the FCC, Malone is trying to take control of Sirius the old fashioned way, by buying it. Liberty can make another request to the FCC to take over Sirius's licenses on JuneComplete Story »

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John Malone’s Liberty Media Corp. (LMCA) has unveiled plans to take full ownership of Sirius XM Holdings Inc. (SIRI) in a share-swap deal worth over $10 billion. The move would put Malone in complete control of the satellite radio-giant and add to Liberty’s portfolio of investments, which includes Charter Communications Inc. (CHTR) and Live Nation Entertainment Inc. (LYV).

By Cris Frangold:
What a nail biter it has been in recent weeks for Sirius (SIRI) investors and stock watchers, as they follow every move in the chess game being played out between Sirius' chief executive, Mel Karmazin, and John Malone, the billionaire owner of Liberty Media.

By Stephen Faulkner:Investors in both Sirius XM (SIRI) and Liberty Media (LMCA) should be well aware of what is an ongoing battle for control of Sirius XM. In the middle? The FCC, which has the ultimate say on whether or not Liberty Media is allowed to take de facto control of the satellite radio company.

Cameron Kaine submits:These days, it is increasingly hard to mention Sirius XM’s (SIRI) future without mentioning Liberty Media (LCAPA) in the same breath -- and understandably so. Ever since Liberty Media took a 40% stake in Sirius, investors have wondered and constantly imagined what lies ahead.